Graybar Acquires CX Connexion

Graybar, a St. Louis, CA-based distributor {of electrical}, communications and information networking merchandise and supplier of associated provide chain administration and logistics providers, acquired CX Connexion, a Buffalo Grove, IL-based electrical distributor.

The quantity of the deal was not disclosed.

With the acquisition, Graybar will develop its presence within the Chicago market.

Led by David Rosenstein, president and chief government officer, CX Connexion is {an electrical} distributor that serves building, business, institutional and industrial clients, with specialised capabilities in lighting and tools design and a complete options platform. The firm was based in 2007 and operates two areas within the Chicago space.

Led by Kathleen M. Mazzarella, chairman, president and chief government officer, Graybar Graybar is an organization targeted on distribution {of electrical}, communications and information networking merchandise, and focuses on associated provide chain administration and logistics providers. Through its community of greater than 300 North American distribution amenities, it shares and sells merchandise for producers, serving to its clients energy, community, automate and safe their amenities with pace, intelligence and effectivity.

FinSMEs

20/12/2022

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